The bull and bear cycles in the cryptocurrency world are a cycle. We should always have enough bullets in our hands. Now the position of Bitcoin is becoming more and more stable, and many external funds are also gaining confidence. It is not a problem to break through the next high point.

This morning, BTC took advantage of the strong rebound of the Japanese and Korean stock markets and rushed to 57,000 again. It once touched 57,300, but unfortunately it still failed to hold and fell below 57,000. Looking back, I feel funny. Just a few days ago, when Bitcoin fell from 69,000 to 66,000, many people thought it was a dive and they could buy the bottom and try to rebound. Now 66,000 is simply out of reach. The market has become confusing, with good and bad news, as well as various emergencies such as elections, wars, government selling coins, Mentougou repayments, bankruptcy liquidation and debt repayments, hackers, etc., intertwined, making it difficult to choose.